Sammanfattning
We study institutional appetite for stocks with FX exposure, and find variation
among institution types. Institutions that are by their nature more likely to engage inactive management of foreign exchange risk in their portfolio, namely mutual funds and hedge funds seek stocks with foreign exchange exposure. Institutions that are constrained by regulation tend to avoid foreign exchange exposure.
among institution types. Institutions that are by their nature more likely to engage inactive management of foreign exchange risk in their portfolio, namely mutual funds and hedge funds seek stocks with foreign exchange exposure. Institutions that are constrained by regulation tend to avoid foreign exchange exposure.
| Originalspråk | Engelska |
|---|---|
| Referentgranskad vetenskaplig tidskrift | Quarterly Journal of Finance |
| Volym | 5 |
| Nummer | 3 |
| Antal sidor | 33 |
| DOI | |
| Status | Publicerad - 09.2015 |
| MoE-publikationstyp | A1 Originalartikel i en vetenskaplig tidskrift |
Nyckelord
- 512 Företagsekonomi